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World Bank offers financial help for MSMEs in UP

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World Bank offers financial help for MSMEs in UP










i. The World Bank today said it will offer financial help to create new infrastructure for Micro, Small and Medium Enterprises ( MSMEs) and improve the condition of existing ones in Uttar Pradesh.

ii. The offer was made to Sanjiv Saran, principal secretary, industries and infrastructure development, by Lead Urban Specialist of World Bank Barjor Mehta.


iii. A three-member team of World Bank, including Mehta and Senior Country Economist at World Bank .

iv. The report has been prepared by consulting agency CRISIL Limited under the aegis of World Bank for Agra-Firozabad sub-region, Kanpur-Lucknow-Unnao-Auraiya sub-region and Allahabad-Varanasi sub-region.



v. The World Bank has offered two options for funding, namely - Development Policy Loan (DPL) and Programme-for -Results instruments.

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